EFXT vs. NGL
EFXT (Enerflex Ltd.) and NGL (NGL Energy Partners LP) are both stocks. Both are in the Energy sector — EFXT in Oil & Gas Equipment & Services, NGL in Oil & Gas Refining & Marketing. Over the past 10 years, EFXT returned 14.60%/yr vs 6.13%/yr for NGL. At a 0.16 correlation, their price movements are largely independent.
Performance
EFXT vs. NGL - Performance Comparison
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Returns By Period
In the year-to-date period, EFXT achieves a 70.49% return, which is significantly higher than NGL's 65.30% return. Over the past 10 years, EFXT has outperformed NGL with an annualized return of 14.60%, while NGL has yielded a comparatively lower 6.13% annualized return.
EFXT
- 1D
- 3.43%
- 1M
- -3.28%
- YTD
- 70.49%
- 6M
- 93.43%
- 1Y
- 268.26%
- 3Y*
- 65.08%
- 5Y*
- 32.34%
- 10Y*
- 14.60%
NGL
- 1D
- -3.16%
- 1M
- 9.25%
- YTD
- 65.30%
- 6M
- 71.30%
- 1Y
- 389.05%
- 3Y*
- 67.46%
- 5Y*
- 39.49%
- 10Y*
- 6.13%
EFXT vs. NGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EFXT Enerflex Ltd. | 70.49% | 57.04% | 115.79% | -25.13% | 5.83% | 15.59% | -42.16% | -17.32% | -2.49% | -1.70% |
NGL NGL Energy Partners LP | 65.30% | 100.40% | -10.41% | 360.33% | -33.52% | -24.17% | -75.27% | 34.05% | -22.35% | -20.22% |
Correlation
The correlation between EFXT and NGL is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2011 | 0.16 |
The correlation between EFXT and NGL shifts across timeframes, from 0.16 (all time) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EFXT:
$0.97
NGL:
$1.24
EFXT:
27.17
NGL:
13.31
EFXT:
2.97
NGL:
0.12
EFXT:
1.03
NGL:
0.67
EFXT:
$3.13B
NGL:
$3.18B
EFXT:
$689.73M
NGL:
$755.25M
EFXT:
$321.86M
NGL:
$639.38M
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Return for Risk
EFXT vs. NGL — Risk / Return Rank
EFXT
NGL
EFXT vs. NGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enerflex Ltd. (EFXT) and NGL Energy Partners LP (NGL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EFXT | NGL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 6.50 | 7.30 | -0.80 |
Sortino ratioReturn per unit of downside risk | 5.79 | 6.75 | -0.96 |
Omega ratioGain probability vs. loss probability | 1.82 | 1.87 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 18.79 | 23.64 | -4.86 |
Martin ratioReturn relative to average drawdown | 63.24 | 59.97 | +3.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EFXT | NGL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.50 | 7.30 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.67 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.09 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.08 | +0.06 |
Drawdowns
EFXT vs. NGL - Drawdown Comparison
The maximum EFXT drawdown since its inception was -81.64%, smaller than the maximum NGL drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for EFXT and NGL.
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Drawdown Indicators
| EFXT | NGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.64% | -94.71% | +13.07% |
Max Drawdown (1Y)Largest decline over 1 year | -14.70% | -15.80% | +1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -51.26% | -53.72% | +2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -56.16% | -63.12% | +6.96% |
Max Drawdown (10Y)Largest decline over 10 years | -79.04% | -92.74% | +13.70% |
Current DrawdownCurrent decline from peak | -7.47% | -15.85% | +8.38% |
Average DrawdownAverage peak-to-trough decline | -38.32% | -51.85% | +13.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | 6.23% | -1.86% |
Volatility
EFXT vs. NGL - Volatility Comparison
The current volatility for Enerflex Ltd. (EFXT) is 11.76%, while NGL Energy Partners LP (NGL) has a volatility of 13.33%. This indicates that EFXT experiences smaller price fluctuations and is considered to be less risky than NGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFXT | NGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.76% | 13.33% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 33.73% | 33.39% | +0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.60% | 53.87% | -12.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.81% | 59.24% | -10.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.05% | 69.54% | -21.49% |
Dividends
EFXT vs. NGL - Dividend Comparison
EFXT's dividend yield for the trailing twelve months is around 0.46%, while NGL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFXT Enerflex Ltd. | 0.46% | 0.72% | 0.82% | 1.56% | 1.22% | 1.14% | 2.42% | 3.43% | 2.13% | 2.08% | 2.67% | 3.55% |
NGL NGL Energy Partners LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.08% | 13.76% | 16.27% | 16.23% | 8.62% | 22.78% |
Financials
EFXT vs. NGL - Financials Comparison
This section allows you to compare key financial metrics between Enerflex Ltd. and NGL Energy Partners LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EFXT vs. NGL - Profitability Comparison
EFXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a gross profit of 140.03M and revenue of 575.91M. Therefore, the gross margin over that period was 24.3%.
NGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported a gross profit of 194.75M and revenue of 909.82M. Therefore, the gross margin over that period was 21.4%.
EFXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported an operating income of 65.09M and revenue of 575.91M, resulting in an operating margin of 11.3%.
NGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported an operating income of 109.14M and revenue of 909.82M, resulting in an operating margin of 12.0%.
EFXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a net income of 42.40M and revenue of 575.91M, resulting in a net margin of 7.4%.
NGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported a net income of 47.18M and revenue of 909.82M, resulting in a net margin of 5.2%.
Frequently Asked Questions
EFXT and NGL have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NGL has higher volatility (13.33%) compared to EFXT (11.76%). In terms of maximum drawdown, EFXT dropped -81.64% vs NGL's -94.71%.
NGL currently has the higher Sharpe Ratio (7.30 vs 6.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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